PoliTalker
Diversity Makes Greatness
Hello Dutch Uncle,
I am not proposing the people should be taxed more. It is the oligarchs who should pay for the problems they have caused.
As society improves and the standard of living rises, the people of society should be able to enjoy the benefits of what they have worked for. Not just the few at the top.
Improperly regulated capitalism has resulted in extreme wealth inequality.
Society is working as hard as ever, but the wealth is ending up in ever larger piles of the few at the top. The income gains of the richest are in the thousands of percent while those in the middle struggle to even do as well as their middle class parents.
Capitalism constantly sells them the message that they should be able to enjoy it all, and freely encourages them to take on ever more debt to do it. And we are surprised when bubbles burst?
Where are those modest new homes even being built? Capitalism asks where's the money in building modest homes? They tend to go large now because profits are larger. Who wants to build bread and butter houses when there is so much more money to be made building marble and custom windows in gated communities? Same work, larger profits.
Back in those days a family of five lived in a 1200 sqft two-bdrm home, detached one car garage and one car. Now Americans are spending themselves so deeply into debt buying big homes, multiple big cars and the latest TV sets. I've had several copilots who graduated all of their training owing more college debt than I paid for my house in 1998. Everyone is doing this voluntarily, not because they are slaves to capitalism.
If We the People increase tax, it should be used to pay off debt, not create more debt. Find better solutions without reaching into people's pockets first.
I am not proposing the people should be taxed more. It is the oligarchs who should pay for the problems they have caused.
As society improves and the standard of living rises, the people of society should be able to enjoy the benefits of what they have worked for. Not just the few at the top.
Improperly regulated capitalism has resulted in extreme wealth inequality.
Society is working as hard as ever, but the wealth is ending up in ever larger piles of the few at the top. The income gains of the richest are in the thousands of percent while those in the middle struggle to even do as well as their middle class parents.
Capitalism constantly sells them the message that they should be able to enjoy it all, and freely encourages them to take on ever more debt to do it. And we are surprised when bubbles burst?
Where are those modest new homes even being built? Capitalism asks where's the money in building modest homes? They tend to go large now because profits are larger. Who wants to build bread and butter houses when there is so much more money to be made building marble and custom windows in gated communities? Same work, larger profits.